Business
River Tech - Letter of Intent
River Tech - Letter of Intent
About this update from River Tech P.l.c.
Malta, 26 December 2025River Tech plc (the "Company") is pleased to publish this strategic andoperational update to shareholders, highlighting recent progress.The Company has entered into a non-binding letter of intent ("LOI") with VinnOnline Ltd (a Maltese registered company) in respect of the contemplatedacquisition of its Norwegian and Finnish business, centred around the vinn.comoperation. The LOI sets out the parties' intention for all assets andagreementsrequired to operate vinn.com as a going concern in the Norwegian and Finnishmarkets.Under the envisaged structure, Vinn Online Ltd is in its final stages ofobtaining a Malta Gaming Authority B2C licence, following which the Companywould acquire 90% of the shares in Vinn Online Ltd, subject to thesatisfactionof customary conditions precedent, including completion of the asset transfersand regulatory approvals.The LOI contemplates signing of a definitive share purchase agreement by theendof February 2026, with closing to occur upon fulfilment of the agreedconditions. The Company will keep the market updated with developments.For further information please contact:Luke Ciantar, CEO RIVER TECHEmail: [email protected] RIVER TECH: RIVER TECH P.L.C. is a technology company offering a B2Btechnology product. Focusing on assisting companies with specialistcompetencies, by providing secure and tailormade, yet user-friendly solutions,for the delivery of services within the online sphere. RIVER TECH P.L.C. isregistered in Malta and is listed on Euronext Growth under the ticker symbol"RIVER".For more information about RIVER TECH P.L.C: https://www.river.tech/https://newsweb.oslobors.no/message/662847